Nitinat to Commence Exploration on the Jasper Property

TORONTO,
ONTARIO--(Marketwire - Nov. 17, 2009) - Nitinat Minerals Corporation (the
"Corporation") (TSX
VENTURE:NZZ) is
pleased to announce that it intends to commence exploration work on the Jasper
Property for base and precious metals, including molybdenum, immediately after
the Corporation is able to secure the necessary personnel to carry out the work
program and assuming that the weather permits the commencement of the work
program.

The
Jasper Property, which
contains volcanogenic
massive sulphide (VMS) and associated porphyry-related mineralization, is
located in the Victoria Mining Division, southwestern Vancouver Island, British
Columbia, Canada and covers 6,615 hectares. Complete details of the Jasper
Property can be found in the Corporation's prospectus which can be viewed
through the Corporations homepage on the SEDAR website (www.sedar.com).

Exploration
evidence gathered to date indicates that the geological setting of the Jasper
Property is favorable for two styles of mineralization: (i) Noranda/Kuroko
massive sulphide copper-zinc-lead-silver-gold mineralization syngenetic with
the Jurassic-aged host rocks; and (ii) porphyry copper-gold-molybdenum
mineralization and related copper skarn and epithermal gold-silver-copper
mineralization of Jurassic or possible younger Eocene age.

Initial
work will consist of follow-up ground truthing of 22 anomalies delineated by a
recent helicopter-borne electromagnetic and aeromagnetic survey. Prospecting,
mapping, and trenching will prioritize 16 new geochemical anomalies from
previous work for drill testing, in addition to the 13 known copper-zinc-lead
sulphide showings already located in outcrop during previous exploration
campaigns.

Progress
from field work will be reported when assay results from sufficient samples are
in hand. Drill testing of prioritized targets is expected to commence
immediately after the completion of the ground truthing.

The
Qualified Person in charge of the Jasper Property and the person who prepared
the technical data in this release is Jacques
Houle, P. Geo.

This
update contains "forward looking statements" within the meaning of
the United States Private Securities Litigation Reform Act of 1995 and
applicable Canadian securities legislation. Generally, these forward looking
statements can be identified by the use of forward looking terminology such as
"plans", "anticipated", "expects" or "does
not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and
phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be
taken", "occur" or "be achieved". Nitinat is subject
to significant risks and uncertainties which may cause the actual results,
performance or achievements to be materially different from any future results,
performance, or achievements expressed or implied by the forward looking
statements contained in this release. Nitinat cannot assure investors that
actual results will be consistent with these forward looking statements and
Nitinat assumes no obligation to update or revise the forward looking
statements contained in this release to reflect actual events or new
circumstances.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.